Cash Price Of Primary Indian Aluminum Down

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The cash price of Indian primary aluminum saw the biggest shift of the day, dropping 0.6 percent on June 15, 2012. After falling for two days, the 3-month price of aluminum rose 0.2 percent on the LME to $1,964 per metric ton. After a couple of days of decreasing prices on the LME, the cash price of primary aluminum held steady at $1,924.

Chinese aluminum closed mixed last Friday. The cash price of Chinese aluminum is back up, rising by 0.1 percent, while the price of Chinese aluminum scrap was unchanged at above $2,600 per metric ton. Chinese aluminum billet stayed flat above $2,500 per metric ton, and the price of Chinese aluminum bar continues hovering above $2,200 per metric ton for the fifth day in a row.

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